19250131 1

SHAKE-UP AT LIVINGSTONE COLLEGE
STOCKHOLDERS OF LOCAL LIFE INSURANCE COMPANY IN ANNUAL SESSION - MAKES KNOWN PRESENT CONDITION IN REPORT -- Highly Appreciated [Photo] PRESIDENT HUGHES [Photo] VICE PRESIDENT SMITH [Photo] SECRETARY TURNER -- Never before in the writer's history--an experience which dates back over eighteen years of public activity and contact--has he heard the relation of such outstanding accomplishment as was pictured by the various officers, from the president down, in the recent Stockholders' Meeting of the Domestic Life and Accident Insurance Company, which was held in the auditorium of their new building, Sixth and Walnut Streets, Wednesday,, January 21st. Equally outstanding was the attendance on the part of the various stockholders in the state. It has been commented frequently since the meeting that there never has been such a large attendance of some of the most substantial citizens of our group in the state of Kentucky. Long before the hour of meeting a constant stream of visitors and stockholders inspected the commodious and handsome building of this institution and gave vent to [their appreciation in loud praise?].
The stockholders' meeting opened promptly at eleven o'clock, with President G. P. Hughes in the chair. The roll was called and only a few of a large list of the Domestic stockholders were absent6 and they were represented by proxy. No time was lost in preliminaries, but President Hughes in characteristic business like way, delved into work to be accomplished during the afternoon. The report of Mr. Turner, the Company's efficient Secretary, was called for and in a very detailed way he outlined the remarkable accomplishment of the institution during the year. Mr. Turner explained in a very detailed way the comparative growth of the Company for each year during the three years of the company's existence, which proved conclusively that the Domestic Life Insurance Company is one of the soundest Insurance Companies operating in the United States, irrespective of color. This testimony was borne to by competent authorities in position to know. Mr. Turner also analyzed the financial income of the company to the enthusiastic satisfaction of every stockholder present, and closed his remarkable report with a keen analysis of the recent re-valuation of the Company's Home Office, situated at Sixth and Walnut Streets, which jumped during the past year from the original purchase price of $26,000 to the present granting of $137,000 by the Insurance Commissioner. The Company's surplus more than doubled itself during the year 1924, and the record of insurance written as reported by fice President and Agency Director, J. E. Smith, created a sensation.
The following is the Balanced Sheet and Comparative Statement of the growth of the Company.
Balance Sheet, December 31, 1924 Assets Cash .... $23,259.27 Agents' Balances .... 3,979.43 (Continued on page 8)
Atlantans Make Plea--Civic League Scores Perry And White And Black Associates In Standard Calamity--Negroes Urged To Continue Loyal To Race
Atlanta, Ga., January 29 - The greatest blow that has ever struck the business side of our racial group during the past decade was the knowledge that the Standard Life Insurance Company had been bought out by the Southern Life Insurance Company of Nashville, Tennessee. Assets of over $2,000,000 which should have remained under the control and management of our racial group now go to a group of southern white men whose traditional attitude has been during the past three centuries that the place of the Negro was that of a serf and menial.
The Standard Life was strictly a Negro Institution built with the money of Negroes for the benefit of Negroes, in the hope that their sons and daughters might some day have the opportunity of working in an institution manned by men of their own race, for only in such an institution can any Negro hope to live and really work as a free American citizen. I hold the above to be true and selt evident, for though we have thousands and millions of dollars in white banks and white institutions we hold no positions with them other than [that or porter and serub] woman.
The Standard was built on race pride and race cooperation. A small group of Negro men (traitors) betrayed the race when they sold the majority of this stock to a white institution. On the other hand the man or group of men who loan money with the primary object to grasp that which is not theirs, that is, not for a fair and legal rate of interest but with the solde idea of taking that for which they have not labored. I say that such a man or group of men is too low for the association of honest men. It is this class of [illegible] pirates that now control the [illegible] Life. No high class Christian gentleman of the white race would lower his dignity by taking control of a Negro institution built upon pride of race and no self-respecting Negro will work for such an institution.
We thank God taht the sale of the Standard Life Stock does not mean the sale of the manhood of the men and women of our race that created this wealth and brought this great institution into being, for even though the material organization has been sold we believe that the men of our racial group who created this insitution are still great racial giants, too loyal to their race and the ideals on which the Standard was built to give any of their efforts to the further building of assets for white pirates.
We thank God further that the sale of the Standard stock does not mean the sale of 30,000 [illegible] holders for these policyholders are all Negroes loyal to their race and to their God. They will not be discouraged by this sale but they will re-dedicate and re-concentrate themselves to the task to build up racial enterprises and will demand the cash or loan value of their policies and place their membership with some other Negro institution and thus out of the ashes of the Standard will rise a greater North Carolina Mutual, a greater Atlanta Life, a greater National Benefit, a greater Mammoth Life, greater safe Negro Institutions everywhere. The loss of control of this institution will not shake the confidence of our race in Negro enterprises but spur on Negro manhood to deeds of greater achievement.
Look to God Oh! black men and swear by Him that liveth forever that pride in Negro manhoodn pride in Negro womanhood, and pride in race achievement are assets that cannot be bought and sold through the material assets of the Standard Life goes out the race the Negro manhood and wamanhood, the agency force, and the policy-holders will exercicse their manhood rights and demonstrate to the world that they themselves cannot be sold, that they are above the price of gold, that they are free and independent human beings and will not continue to support their race by remanding the Cash Surrender Values of their policies and lining up with some strictly racial institution.
Arise, Oh! black men in the North, the South, the West, The East, and linking hands and hearts create and build newer and mightier institutions wherein the manhood and womanhood of the race will have a faire opportunity of unhampered expression and advancement.
Another Race Artist Wins Scholarship To Sing With Chicago Symphony Orchestra--Leader's Correspondent On Southern Tour
Chicago, Ill. Jan. 30.--Word has "leaked out" in musical circles in the "loop" that George R. Garner, Jr., has won a scholarship which entitles him to sing as soloist with the Chicago Symphony Orchestra. It gives concerts every Friday night and Saturday afternoon at Orchestra Hall. This is the oldest and wealthiest orchestra in the West, for years known as Thomas's Orchestra. This orchestra renders selections only from the "masters" and is attended by Chicago's select musical patrons. Mr. Garner is a wonderful baritone-tenor singer. His voice is rich, sweet and full of volume. It has been decided by his friends that in the spring, they intend to give him a testimonial and send him abroad to study. Now that this honor has come to Mr. Garner, it will tend to accelerate their intentions. He is one of Chicago's most outstanding soloists, [who?] has been attending operas since he was a small boy. Several years ago he traveled with Madam Anita Patti Brown and has sung in many cities of the United States as a soloist. No group of people will be happier to learn of Mr. George's recent success than those of Olivet Baptist Church where Mr. George is given a word of support in all his concerts. Chicago can boast of a number of musicians who have made a fine record and a name for themselves and the race. Madam Anita Patti Brown is known all over the country as a great soprano soloist. Mrs. Maude Roberts George, Mrs. Louella Smith, Mrs. Marie Burton Hyram, Mrs. Martha Broadus Anderson, Mrs. Annis Hackley; Madam Bertha Evans Tyree, Mrs. Roberta Crawford, Mrs. Harry Garnes, Madam Florence Cole Tolbert--all have won scholarship to one of the big musical schools in the "loop." Miss Hazel Harrison leads in in the United States as a pianist and Harrison Emanuel does fine work as a violinist. Miss Pauline Lee who had her University School of Music at 37th and Michigan Ave., has moved to a large place, 4421 Grand Blvd., just a few doors from the Malone mansion. Ther e are five musical schools on the South Side and a number of individual music teachers. Dave Peyton has made a fine record as a composer. Chicago now boasts of being the musical center and gives employment to hundreds playing in orchestras in all parts of the city.